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Evergold Minerals Limited has revealed additional promising assay outcomes from its 2026 reverse circulation (RC) drilling campaign at the Duchess of York Prospect, part of the Mt Monger Gold Project in Western Australia. The recent results showcase both high-grade and extensive gold mineralisation zones, reinforcing the potential size and continuity of the deposit. This progress is crucial as the company advances exploration across the wider Mt Monger region.
Key Points
- Evergold Minerals Limited (ASX:EG1)
- New assay results from Duchess of York Prospect reveal high-grade and broad gold zones
- Assays received for 80% of the 2026 RC drilling program; remaining results expected shortly
- Investors should anticipate upcoming results from maiden RC drilling at the Gladiator Prospect
Robust Gold Mineralisation Confirmed at Duchess of York
The latest assay data from Evergold Minerals' 2026 RC drilling at the Duchess of York Prospect continues to highlight the significant scale and continuity of gold mineralisation. Noteworthy intercepts include 2 meters at 7.90 g/t Au from 43 meters in hole MM26RC0009 and 3 meters at 5.11 g/t, including 1 meter at 11.46 g/t from 3 meters in hole MM26RC0012. These findings confirm a broad, structurally controlled gold system extending from surface to depths beyond 100 meters.
To date, approximately 80% of assays have been returned, covering 2,180 out of 2,667 samples submitted. Remaining assay results, including those from maiden RC drilling at the Gladiator Prospect, are expected in the coming weeks. This ongoing data is vital for refining Evergold's geological model and exploration approach throughout the Mt Monger region.
Exploration Strategy and Geological Framework
Evergold Minerals is applying geological insights from the Duchess of York Prospect to guide its wider exploration strategy at the Mt Monger Gold Project. The company is targeting the Gladiator Fault corridor, where gold mineralisation is linked to a felsic (sanukitoid) intrusive. This geological setting underpins Evergold's exploration model aimed at discovering multiple gold deposits across the project area.
Director Glenn Grayson emphasized the significance of these results, stating that Duchess of York serves as a template for exploration across the broader Mt Monger Project. The forthcoming regional aircore drilling program will test the potential to replicate this successful geological environment elsewhere, potentially leading to additional discoveries.
Overview of the 2026 RC Drilling Program
The 2026 RC drilling campaign at Duchess of York was designed to evaluate down-dip and along-strike extensions of known gold mineralisation. The latest results encompass twelve additional RC drill holes, further bolstering confidence in the gold system's scale and continuity. Significant intercepts include 19 meters at 1.48 g/t Au from 56 meters in hole MM26RC0010 and 18 meters at 1.23 g/t Au from 8 meters in hole MM26RC0026.
These outcomes build on earlier drilling successes and confirm broad mineralised zones consistent with previous findings. The system remains open at depth, as demonstrated by hole MM26RC0014, which ended in mineralisation with the final meter grading 1.15 g/t Au.
Company Profile and Project Location
Evergold Minerals Limited is an exploration company focused on discovering and developing gold resources in Western Australia. Its flagship Mt Monger Gold Project is situated approximately 70 kilometers southeast of Kalgoorlie, an area renowned for rich gold deposits and extensive exploration activity.
The Duchess of York Prospect is a key asset within the Mt Monger Gold Project, with the latest assay results underscoring its potential as a substantial gold resource. As Evergold advances its exploration, the company aims to deepen geological understanding and identify new drilling targets.
Upcoming Developments and Investor Outlook
Investors should monitor the release of remaining assay results from the 2026 RC drilling program, including those from the maiden RC drilling at the Gladiator Prospect. These data will provide further clarity on the Mt Monger Gold Project’s potential and help shape Evergold’s exploration strategy.
The upcoming regional aircore program represents a critical next step, testing the broader applicability of the geological model developed at Duchess of York. Success in this initiative could significantly enhance the project’s value and attract increased investor interest.
